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Bullboard - Stock Discussion Forum Golden Lake Exploration Inc C.GLM

Alternate Symbol(s):  GOLXF

Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Company’s Jewel Ridge property is located on the south end of Nevada’s prolific Battle Mountain-Eureka trend, along strike and contiguous... see more

CSE:GLM - Post Discussion

Golden Lake Exploration Inc > Silent Treatment
View:
Post by fushbros on Jul 11, 2024 1:16pm

Silent Treatment

Are any other shareholders wondering exactly what is going on with GLM?? I wrote this letter a month ago and sent it to both GLM corporate and Mr. English, but have yet to receive a response as of today, June 11, 2024:

As shareholders holding nearly 1,000,000 shares, we are deeply concerned about the steady decline in our stock value and the lack of communication from the company regarding field updates. The silence from senior officers is troubling, especially in these uncertain times.

We were informed that a drill campaign was scheduled for the spring. However, there has been NO communication about its commencement or progress. This lack of transparency is causing significant anxiety among shareholders.

Could you please provide a comprehensive update on the following:

-The status and results of the spring drill campaign.
-Any challenges or delays encountered in the fieldwork.
-Future plans and timelines for exploration and development activities.
-Financial health of the company and any measures being taken to address the declining stock value.
 

Regular updates and clear communication are crucial for maintaining shareholder confidence in the company. We look forward to a prompt and detailed response.

 
Comment by PonyBoyOutsider on Jul 11, 2024 10:21pm
Fushbros, that was a very good letter you sent, I feel bad I haven't done the same and put a little pressure on Mike. I too am holding excess of 1M shares and, unfortunately my average is over .40 cents, so, you can imagine my frustration too. I feel there is a bit of a scramble to grab land packages (Jewel ridge West & the more recently acquired silver property) before the I-80 story ...more  
Comment by goldstd69 on Jul 13, 2024 9:34pm
ride that pony...ur remarks are spot on...GOLXF needs the money to move ahead and they need to dispose of the non-Nevada properties and focus on Nevada where things in the area that GOLXF is involved with are getting very interesting....TLRS, MUX, IAU, RDGMF etc....I think more consolidation is forthcoming...best to all
Comment by fushbros on Aug 01, 2024 4:58pm
Here's an update as of 8/1/2024 After no response from anyone and numerous attempts to reach someone, I finally got through to the corporate office. Someone finally answered the phone! Unfortunately, no one there could assist me, and I was directed to Terry Bramhall, who oversees Investor Relations. Mr. Bramhall informed me that the planned spring drill program, outlined in the May 2024 ...more  
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